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Business For Sale Listing 154503

Nice Pair of Franchises on the Way to Myrtle Beach

Status as of Nov-22-2008 at 05:59 PM: Active

Business Summary

Nice Pair of Franchises on the Way to Myrtle Beach!
Location: South Carolina > Marion County > Marion & Mullins
Industry: Food and Beverage > Restaurants

Business Summary

This pair of diner themed franchises are positioned to cater not only to local patrons but also capture tourist traffic on the way to Myrtle Beach, SC. One of the Nation's best vacation spots. This is an excellent starting place for the individual wishing to acquire multi-units. This franchise features; low royalties, family styled menus, great corporate support and training. Both restaurant have had the same owner since 2000. Current cash flow of $47,000 can be increased by owner-operating one or they can be maintained as is with management in place for a great investment.




Financials

Asking Price: $150,000
Gross Revenue: $854,809
Cash Flow: $47,000
Seller Financing: N/A

About the Business

Year Established: 2000
Employees: 12 full time - 16 part time
Franchise: Yes
Facilities: Combo. Units.
Market Outlook and Competition: Great location on the way to the beach!!

About the Sale

Management Training and Support: 2 Weeks Corporate Training and 2 Weeks Owner Training.
Reason For Selling: Other ventures



Financials

Asking Price: $150,000
Gross Revenue: $854,809
Cash Flow: $47,000
Seller Financing: N/A

About the Business

Year Established: 2000
Employees: 12 full time - 16 part time
Franchise: Yes
Facilities: Combo. Units.
Market Outlook and Competition: Great location on the way to the beach!!

About the Sale

Management Training and Support: 2 Weeks Corporate Training and 2 Weeks Owner Training.
Reason For Selling: Other ventures


Categories

Industry: Accommodation & Food Services Businesses For Sale
Restaurants For Sale
Location: South Carolina Businesses For Sale
Southeast States Businesses For Sale
United States Businesses For Sale
Other South Carolina Businesses For Sale
Other: Very Small Businesses For Sale
Business Opportunities
Business Opportunity Leads
Franchise Business Opportunity Leads

Industry

Sector: Accommodation & Food Services
Industry: Restaurants

Location

Classification: United States // Southeast States // South Carolina // Other South Carolina
Location: Near Myrtle Beach

Financials

Sales: Between $500 Thousand And $1 Million   (854,000)
Profits: Under $100 Thousand   (47,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 2007
Asking Price: Between $100 Thousand and $500 Thousand   (150,000)
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